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Many unions in the United States have for several years engaged in what is known as pattern bargaining—a union determines a sequence for negotiations with firms within an industry where the agreement with the first firm becomes the take-it-or-leave-it offer by the union for all subsequent...
Persistent link: https://www.econbiz.de/10005367637
Many unions in the United States have for several years engaged in what is known as pattern bargaining; a union determines a sequence for negotiations with firms within an industry where the agreement with the first firm becomes the take-it-or-leave-it offer by the union for all subsequent...
Persistent link: https://www.econbiz.de/10014125009
Procurement practices are affected by uncertainty regarding suppliers' costs, the nature of competition among suppliers, and uncertainty regarding possible collusion among suppliers. Buyers dissatisfied with bids of incumbent suppliers can cancel their procurements and resolicit bids after...
Persistent link: https://www.econbiz.de/10010403582
Persistent link: https://www.econbiz.de/10015201796
Many unions in the United States have for several years engaged in what is known as pattern bargaining. In this article, we show that pattern bargaining is preferred by a union to both simultaneous industry-wide negotiations and sequential negotiations without a pattern. Allowing for interfirm...
Persistent link: https://www.econbiz.de/10014073007